Adverse Credit

Adverse Credit Mortgage

You need not be barred from obtaining a mortgage if you can identify with any items on the list below. 1 in 4 persons in the UK have trouble obtaining a high street mortgage for various reasons, so you are not alone. We can help you with a mortgage even if you are affected by the following:

Poor Credit Rating

County Court Judgments (CCJ)

Mortgage Arrears

Defaults

Individual Voluntary Arrangements (IVA)

Bankruptcy

Most lenders now offer alternatives to these standard high street products, the rates may be slightly higher than standard, but the market is very competitive and there are great deals to be had.

We deal with many cases of Adverse Credit, so don’t panic, you will be surprised by what is still available to you as long as it’s affordable to you.

For a mortgage illustration or to get an offer in principle either get in touch buy phone or let us ring you by clicking below

What you need to know...

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THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERM OF THE DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY. WE ARRANGE LOANS AND MORTGAGES FROM A PANEL OF LENDERS. WE WILL RECEIVE A COMMISSION FROM THE LENDER UPON COMPLETION. CALLS ARE RECORDED FOR REGULATORY & COMPLIANCE PURPOSES.

SECURED LOANS - Rates from 4.5% APR variable. We also have a range of plans with rates up to 65.2% allowing us to help customers with a range of credit problems. Typical 10.9% APR variable. Representative example: if you borrow £10,000 over 10 years at an Annual Interest Rate of 6.7% (variable) you would make 120 payments of £134.56 per month. The total amount repayable will be £16147.20 (This includes a lender fee of £495 and a broker fee of £1250 which have been added to the loan.) The overall cost for comparison is 10.9% APRC representative.

MORTGAGES - The overall cost for comparison is 4.42% APR variable. The actual rate available will depend upon your circumstances. Ask for a personalised illustration.